Bought with Keller Williams Realty Professionals
$555,000
$575,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
215 NE 29TH AVE Portland, OR 97232
3,067 SqFt
Key Details
Sold Price $555,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,067 sqft
Price per Sqft $180
Subdivision Kerns/Laurelhurst
MLS Listing ID 21096031
Sold Date 08/06/21
Year Built 1909
Annual Tax Amount $6,937
Tax Year 2020
Property Description
First time on the market in 36 years! Incredible opportunity to own a cashflow positive duplex in a premium close-in Portland neighborhood. A little sweat equity would bring this marquis property back to it's full potential! Fully rented with solid tenants at market value ($1600 for each unit), but lots of potential for sweat equity and increased cashflow. Inspection, sewer and radon reports available. Long term tenants are current on rent. Tons of extra unused storage in basement and garage.
Location
State OR
County Multnomah
Area _142
Zoning R2.5
Rooms
Basement Full Basement
Interior
Heating Other
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Buckman
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional, VALoan
Listing Terms Cash, Conventional, VALoan
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